Between the years of 500 and 1000 A.D., nomadic Native Americans traversed the expanse now known as Oostburg. Nearby in Sheboygan is an Indian Mound Park, which contains 18 effigy burial grounds in animal and geometric forms.

Oostburg Amenities

Oostburg is a great place to live, work and play. The 65-acre Oostburg business park features office facilities in an affordable, country setting. It has an excellent location and provides a low cost, congestion-free environment for doing business.

The local residents of Oostburg frequent Amsterdam Beach and Veterans Park for a wide range of recreational opportunities. Amsterdam Beach spans five acres and sits on Lake Michigan. It offers many water activities, including boat-launching facilities. Veterans Park hosts nine acres of recreational space, which includes tennis courts, volleyball courts, a baseball diamond, a picnic area, playgrounds and a bandstand.

Residents touch down in the Village’s history when they attend Oostburg’s Heritage Day, a multi-generational Village block party which offers an array of Dutch food, music and activities.

When not engaged with activities within the Village, Oostburg residents visit one of the two great 18-hole golf courses in Kohler, or the Kettle Moraine Vineyard Winery near Cascade. For those with a tongue for beer, Oktoberfest is held every year in Sheboygan. Also, the Kettle Moraine State Forest sits nearby along the county line and offers 14,000 acres of recreational space.

Market Conditions for Oostburg

Median Sale Price

The median sale price for homes in August was $169,500. The median sales price for homes in August fell by ($51,500) compared to last month. This represents a 23.3% decrease from July. Compared to the same month last year, the median price of homes fell by ($400) representing a -0.23% year-over-year change.

Homes for Sale

The inventory of homes for sale rose by 2 in August to 13. This represents 18.18% increase from July when 11 homes were on the market. Compared to the same month last year when there were 2 homes for sale, the inventory of homes for sale has risen by 11 representing a 550% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold

The 3 homes sold in August was 2 less than in July. This represents a 40% decrease in sales from July. Compared to the same month last year, the number of homes sold increased by 2, a 200% year-over-year increase.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Avg Days on Market

The average days on market for a home sold in August (19) increased by 15 days compared to July. This represents a 375% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 14, a -42.42% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

The Sale/List Price Ratio of 99.32% in August rose by 0.22% compared to July and increased 2.24% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes

The number of homes listed in August (5) fell by 2 compared to July, a 28.57% change. Compared to August 2018, the number of new listings increased by 4, a 400% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price

The median list price in August was $204,900. The median list price for homes in August rose by $30,000 compared to last month. This represents a 17.15% increase from July. Compared to the same month last year, the median list price of homes increased $79,900 representing a 63.92% year-over-year increase.

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All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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